I just bought in for about 1080, i only bought 1 btc. It is expensive and depresses me a little bit as just two weeks ago when it was only about 400 i wanted to try and start buying them but with all the time its taken to get verified and have my wire transfers get in its soared to over 1k. But in the end from everything ive read it seems unlikely that there won't be some moment to come when i can sell it with profit over the coming months/years even at this price, though with that said i still think ill wait for the prophecised drop before investing the majority of my cash.
It's better to not take into account too much what you "read about bitcoin". Nobody knows. It could fall a lot, but it also has an incredible dynamic. It's really the best to buy in smaller chunks.
I will probably divide my amount through six or so and invest every two weeks, if it goes up a bit less maybe and if it goes down a bit more.
Edison Dollars are a better investment.